Managing Your Career (Scenario)

question 68

Multiple Choice

Managing Your Career (Scenario)
Maysa has a new job and is learning to perform the tasks assigned to her. Different situations demand different decision-making processes.
-Maysa eventually finds a problem that has no cut-and-dry solution. The problem is unique and will never occur again. This problem is referred to as ________.

• A) adaptable
• B) programmed
• C) nonprogrammed
• D) flexible

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Definitions:

Scanlon Plan

A gain-sharing program designed to motivate employees to increase productivity through a shared benefits system where cost savings are passed on to employees.

Long-Term Incentives

Compensation plans designed to reward employees over a longer period, often tied to the company's performance, to foster commitment and align employees' interests with those of the company.

Lump-Sum Bonuses

One-time payments given to employees as a reward for exceptional performance, separate from their regular salary.

Profit Sharing

A company policy where employees receive a share of the company's profits, typically provided as a portion of annual income.